BULLETIN B 02-11
TO: ALL LICENSEES AND ADMITTED INSURERS WRITING PERSONAL
OR COMMERCIAL AUTO INSURANCE IN THE STATE OF ALASKA AND OTHER INTERESTED
PARTIES
RE: ALASKA AUTOMOBILE INSURANCE PLAN – CERTIFICATION REQUIREMENT
AND INTRODUCTION OF THE ALASKA SERVICE CENTER
In order to continue writing private passenger and commercial
business with the Alaska Automobile Insurance Plan (AAIP), producers
must obtain a certification number by registering with the AAIP
by July 1, 2002. Notification of this new requirement has appeared
in recent AIPSO circulars and AIPSO will send an additional notice
before the deadline.
Beginning July 1, 2002, the assigned risk Alaska Automobile Insurance
Plan (AAIP) will centralize policy services, risk assignment, and
commission payment for private passenger non-fleet risks in a new
service center facility. The Alaska Service Center will process
new business applications, endorsements, and cancellations for private
passenger non-fleet risks. Producers will need to contact only the
assigned company when reporting claims. A policy with an effective
date before July 1, 2002 will continue to be serviced by the assigned
company until its next renewal date, at which time the policy will
be non-renewed and then could be rewritten through the Alaska Service
Center.
After obtaining a certification number, producers submitting private
passenger non-fleet risks will have access to the Electronic Effective
Date Procedure (EEDP). Coverage may be bound by calling a toll free
telephone number and then submitting the application according to
the procedures outlined in the EEDP manual. This EEDP feature is
accessible only to those who have registered with AAIP through AIPSO.
Both private passenger and commercial risks are impacted by revisions
to AAIP regarding payment options, cancellation and reinstatement,
and SR-22 filings. AIPSO has added performance standards for the
Alaska Service Center and has revised the performance standards
for producers and servicing carriers.
Requests for additional information or questions regarding these
changes may be directed to Richard Manning, Manager, Alaska Automobile
Insurance Plan at (415) 765-6777 or by email to Richard.Manning@aipso.com
If you have any questions regarding this bulletin, contact the
Division of Insurance; P.O. Box 110805; Juneau, AK 99811-0805;
(907) 465-2515; fax (907) 465-3422; or via electronic mail at
Dated this 4th day of June 2002, at Anchorage, Alaska.
|